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Property & Real Estate

Weekly top stories


Reduce your current monthly bond payment
[Kathy East] Most homeowners have a bond on their property that generally forms a significant part of their monthly income and, thus, should receive ongoing attention and determination to reduce the outstanding balance as much as possible. For many people, once they have registered a bond and are told what the monthly repayments are, they never again consider trying to reduce the payment. Read more >>


Property
Estate agents' fees are reasonable
For as long as he can remember, South African estate agents have been asked (sometimes quite aggressively) why they feel justified in charging commissions at the "high" level they insist on - and this question is often backed by the statement that UK and European estate agents work on far lower commissions, said Bill Rawson, chairman of the Rawson Property Group. Read more >>

Land claims: finding a third way in Bosparadys

Sulaiman Philip

Many of South Africa's white commercial farmers see the land-claim process as an attack. For black claimants fighting to get back land stolen by the apartheid government, it's about being made whole again. On Bosparadys farm in North West province, the two groups are trying to find a third way. Read more >>

Factors to note when buying property in Sandton, Krugersdorp, Cape Town or anywhere in SA

Issued by Tivvit

CyberProp, with assistance of SAPTG (South African Property Guide), has compiled some interesting real estate statistics that will come in handy when making a property purchasing decision. Read more >>

Commercial
March tourist accommodation income up 2.6%
Total income for South Africa's tourist accommodation sector rose 2.6% year-on-year (y/y) in nominal terms (current prices) in March‚ Statistics South Africa's (Stats SA) tourist accommodation survey released showed. Read more >>

African fund eyes JSE

Joan Muller

JSE investors will gain access to the dollar-based returns generated by shopping centres, offices, warehouses and hotels in countries such as Morocco, Mozambique, Kenya, Ghana and Nigeria when Sandile Nomvete's Delta Property Fund brings the first outright African real estate offering to the market next month. Read more >>

Rockcastle's African operations on track

Alistair Anderson

ALTX-listed Rockcastle Global Real Estate‚ one of the Resilient group's rand-hedge property companies‚ said its African operations were on track‚ as it released financial results for the nine months to March. Read more >>

R4.3bn development at Century City

Joan Muller

Century City‚ the mixed-use precinct anchored by mega-mall Canal Walk near Milnerton in Cape Town‚ is undergoing a R4.3bn development boom‚ which will expand the live‚ work‚ stay‚ shop and play hub by 25%. Read more >>

Tsogo to buy stake in SunWest and Worcester for R2.185m
Tsogo Sun Holdings says it‚ along with Grand Parade Investments and Sun International‚ entered into transaction agreements in terms of which Tsogo will buy a 40% equity interest in SunWest International and Worcester Casino for R2.185m. Read more >>

Ingenuity's earnings rise to 2c a share

Alistair Anderson

Ingenuity Property Investments‚ which has a core focus on buying and developing properties in the Western Cape‚ has raised its headline earnings per share 121% to 2c in the six months to February‚ against 0.9c for the comparable period last year. Read more >>

You can't win it if you're not in it!

Issued by Private Property

Last year Private Property partnered with SABC3's Top Billing and millions of viewers watched over the 21 weeks of the competition as Private Property gave away a lifestyle worth more than R5m. Read more >>

Property Management
Opportunities offered by interest rate increase
Interest rates have begun to increase after a period of record lows that have seen the listed property sector outperforming all asset classes. An increasing interest rate cycle brings opportunity to property funds as private property owners tend to have far higher loan to value profiles and increases in interest rates exert tremendous pressure on these owners. Read more >>

Franchising is ideal for property marketing, says Rawson
Franchising has proved to be the ideal way for residential property marketing groups to expand their footprint nationally and recruit top performers, said Bill Rawson, chairman of the Rawson Property Group. Read more >>

Long term view is essential for property investors
Reverting to a theme he has discussed regularly in his public statements, Bill Rawson, chairman of the Rawson Property Group, has once again reminded the 'growing band' of residential property investors that they have to learn to take a long term view of the property market. Read more >>

Local estate agent named finalist in African award
Port Elizabeth real estate broker and Re/Max Independent owner Kobie Potgieter has been named a national finalist in Africa's Most Influential Women in Business and Government awards. Read more >>

Rental
Bruma offering competitive rentals to office space seekers
With a variety of macro-economic factors, including rising energy costs, placing increasing pressure on the need to reduce operating costs such as transport and office rental, businesses are looking to achieve maximum value for money in the most convenient, accessible locations, said Ross Hunter, leasing consultant of JHI Properties in Johannesburg. Read more >>

Residential
Low-cost estate agents revolutionising property market
While consumers remain in a price pinch with ever-rising fuel and food costs, saving money has become a priority. Purchasing a home is the single biggest investment most of us will make and losing money on this deal is not what we want. Read more >>

Choose your estate agent carefully
It always comes as a surprise to him, said Bill Rawson, chairman of the Rawson Property Group, how casual homeowners can be when appointing an estate agent. Read more >>

Mamba to lift South Africa's cement capacity

Nick Hedley

The South African cement market will again receive a capacity boost with the entrance of Mamba Cement‚ which is being partly funded by Chinese capital. Read more >>

Should investing in residential property be left to the experts?

Liezl Hesketh

Should investing in residential property really be left only to the experts? Those who purchase several buildings at a time or who buy, fix, and immediately sell - a process known as flipping? Should it be left exclusively to those who have a large investment portfolio or purchase only in the most upmarket areas? According to several recent articles, there are certainly people who hold this belief. Read more >>

Voting method can impact on weight of owner's vote

Chantelle Gladwin and Gabriel da Matta

The law provides that resolutions taken at general or special meetings in sectional title schemes can be taken in three different ways: by show of hands, by a poll, or by ballot. The manner in which a vote is taken can have an impact on how much an owner's vote counts. Read more >>


New events to diarise

Green Building Convention
GBCSA - 10 Sep 2014 to 12 Sep 2014 Cape Town


Upcoming events

UCT Residential Letting short course
GetSmarter - 26 May 2014 to 11 Jul 2014 Countrywide


All industry news


Marketing & Media
    Why trends matter - Louise Marsland
    World Design Capital project celebrates a year of business
    Up-and-coming corporate event trends - Terry Sutherland

    Medical
      World No Tobacco Day reminds SA to quit
      Flu poses greater risk for diabetics

      Retail
        Improving online retail experience with management systems
        Famous Brands revenue up 12%, expands further in Africa - Zeenat Moorad
        Manufacturing growth through innovation, integration

        Government
          RABS Bill published for comment
          Joemat-Pettersson distances herself from FoodCorp deal
          Security cluster ministers challenge Nkandla report in court

          Mining
            Variety of mining equipment to be auctioned by Clear Asset
            Mine-owners, workers must work together: premier

            CSI
              ICHAF aims to improve education in rural areas
              Plastics SA cleans up after Two Oceans Marathon

              Finance
                TaxTim stores tax documents in the cloud
                South Africans are underinsured for disability
                Vodacom earnings up just 2.8% to R8.96

                Agriculture
                  Dept clarifies regulation of trout species
                  Maize futures slip on estimates of excess supply - Andries Mahlangu

                  Building
                    Durban to host world architectural congress

                    GreenBiz
                      N Cape solar power plant to boost energy supply
                      First tranche of ivory incinerated in Hong Kong

                      HR & Recruitment
                        Basic leadership skills the key to business success
                        [BizCareers] Tell us about yourself - Juliette Attwell
                        Training will result in return on investment

                        Legal
                          Tax Court determines merit of tax assessments - Nicole Paulsen
                          Minister appoints new Competition Commission head

                          Manufacturing
                            African manufacturers take advantage of international interest

                            Education
                              Vega announces mid-year intake programmes
                              Wits School of Governance launches a new name
                              Google Partner Academy offers digital skills training

                              Tourism
                                New destination marketing strategy for Nelson Mandela Bay Tourism
                                Visitors urged to explore, experience and enjoy Joburg in 72 hours
                                Figures show growth in foreign visitors to Joburg

                                ICT
                                  Using Wi-Fi for sustainable development
                                  IBM launches Mainframe Innovation Hub
                                  Password always on hand

                                  Logistics
                                    Easing movement of goods and services within Africa is critical
                                    Grindrod, a boost for Africa
                                    Imperial Logistics drives productivity for Mercedes

                                    Lifestyle & Entertainment
                                      Mission to Mars - Daniel Dercksen
                                      One Direction announce three SA gigs
                                      The big pan theory - Nina Timm

                                      Automotive
                                        New C-Class Merc to be produced locally
                                        Big bet on buses and trucks - David Furlonger
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